ITI Mutual Fund
ITI Asset Management Limited is a mutual fund company based in Mumbai, India. The company offers a range of mutual fund products, including equity, debt, and hybrid funds. ITI Asset Management is India’s emerging mutual fund company with over Rs. 1178 crore in assets under management till 31 March 2021.
The ITI Asset Management company was founded on 10 January 2008 and they introduced ITI Mutual Funds.
The Investment Trust of India Limited and Fortune Credit Capital Limited are the company’s key sponsors.
As a reputed AMC since 2018, ITI Asset Management Limited understands that balancing risk and reward is a big part of investing for the investors whether they are looking to set aside extra cash for retirement or just hoping to get a better return on their savings.
The company has been investing a lot of money into research and development, enabling them to keep ahead of its competitors. With highly qualified and experienced investment and funds managers, ITI assures that each penny of the investors must pay good returns over the period.
ITI Asset Management offers 15 mutual funds schemes that diversify the investor’s portfolio. The equity funds segment has the most number of 8 mutual funds schemes followed by debt and hybrid funds.
The company has around 190 offices in India’s major cities and towns with over 3000 employees.
Top 10 ITI Mutual Funds Schemes –
|Mutual Fund||ITI Asset Management Ltd.|
|Sponsors||The Investment Trust of India Ltd. and Fortune Credit Capital Ltd.|
|CEO and MD||Mr. George Heber Joseph|
|CIO||Mr. George Heber Joseph|
|Compliance Officer||Mr. S. Grace Raxelin Rabi|
|Investor Service Officer||Ms. Pallavi Singh|
|Auditors||S. R. Batliboi & Co. LLP|
|Assets Managed||Rs. 1178.53 crore (Mar-31-2021)|
|Registrars||M/s Karvy Computershare Pvt. Ltd|
|Address||Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg,
Elphinstone Road, Mumbai 400013
ITI Mutual Funds List
Here is the list of 15 Mutual funds schemes offered by ITI Asset Management Limited.
|ITI Long Term Equity Fund||Equity||Very High|
|ITI Multi-Cap Fund||Equity||Very High|
|ITI Mid Cap Fund||Equity||Very High|
|ITI Value Fund||Equity||Very High|
|ITI Large Cap Fund||Equity||Very High|
|ITI Pharma and Healthcare Fund||Equity||Very High|
|ITI Banking and Financial Services Fund||Equity||Low Risk|
|ITI Small Cap Fund||Equity||Very High|
|ITI Dynamic Bond Fund||Debt||Low to Moderate Risk|
|ITI Banking & PSU Debt Fund||Debt||Low to Moderate Risk|
|ITI Ultra Short Duration Fund||Debt||Low to Moderate Risk|
|ITI Liquid Fund||Debt||Low to Moderate Risk|
|ITI Overnight Fund||Debt||Low|
|ITI Balanced Advantage Fund||Hybrid||Low to Moderate Risk|
|ITI Arbitrage Fund||Hybrid||Low Risk|
Top Fund Managers
Mr. Pradeep is a highly qualified Chartered Accountant and Chartered Financial Analyst with over 23 years of experience in the finance industry. He has worked in various roles in Fund Management, Equity Research, Credit Evaluation, and Ratings with top companies like Tata Asset Management Ltd., CARE Ratings Ltd., Bombay Dyeing, Tata International, and Lubrizol India Ltd.
As of now, Mr. Gokhale manages an AUM of 2371 crores and 20 schemes.
George Heber Joseph
George has years of experience in the financial world, with dual Bachelor’s Degrees in English Language & Literature and Commerce, and qualifications as a Chartered Accountant from the Institute of Chartered Accountants of India and a Cost and Management Accountant from the Institute of Cost Accountants of India. He has worked in various roles in the finance sector for companies such as ICICI Prudential Asset Management Ltd., Tanfac Industries Ltd. (Aditya Birla Group), Cholamandalam Investments & Finance Co. Ltd., Met Life India, Wipro, and DSP Merrill Lynch Ltd.
As of now, Mr. Joseph manages an AUM of 2015 crores and 28 schemes.
Agarwal has worked in many esteemed positions, such as Research Associate at Nippon India Asset Management, Senior Consultant at Yoctel Solutions Ltd., and Engineer at Alcatel Lucent Ltd. He is now a Master of Technology from IIT Kanpur and works as an ITI Asset Management fund manager.
As of now, Mr. Agarwal manages an AUM of 110 crores and three schemes.
Before joining ITI AMC, Ms. Gada worked in the finance industry for several years. She handled research on the auto and consumer sectors at Centrum. She worked for Elara Securities and CRISIL for 2 and 3 years, respectively, where she conducted research on various sectors, including metals.
As of now, Ms. Gada manages an AUM of 110 crores and three schemes.
Before joining ITI Asset Management Limited, Mr. Korde worked in various finance-related positions at BOB Capital Markets, Prabhudas Lilladher, and Anand Rathi Share & Stock Brokers. He has a Masters in Management Studies (Finance) and a Bachelor of Commerce from reputed universities.
As of now, Mr. Korde manages an AUM of 322 crores and six schemes.